GLOBALIZATION As consumer preferences and legislation between global nations converged, the opportunity for automobile manufacturers to operate globally increased (The Ford Story 2001). ... The trade organization includes nine automakers: BMW, DaimlerChrysler, Ford Motor Company, General Motors Corporation, Mazda Motor Corporation, Nissan Motor Company, Toyota Motor Corporation, Volkswagen, and Volvo. ... In 2000, roughly 28% of Ford Europe's costs came from Britain, compared with about 12% for GM. ... Globalization provides opportunities for businesses to gain exposure in new mar...

• Word Count: 2252
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

With the industrial boom taking off and the creation of wealth, the government took an active role. ... Years later the government started the Federal Trade Commission (FTC). The FTC could issue cease and desist orders against unfair trade practices. ... Commercialization played an important role in new product awareness and gave companies the opportunity to become household names. ... Rather, it was to run a business efficiently with low production costs in order to push prices down so consumers could purchase products cheaply, but still enable the company to command healthy margins. ...

• Word Count: 1771
• Approx Pages: 7
• Grade Level: Undergraduate